NOT LISTED FOR SALE

550 E Madison St Freeport, IL 61032

Estimated Value: $53,000 - $61,000

2 Beds
1 Bath
1,321 Sq Ft
$42/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $3,500 $3 Per Sq Ft

Est. 1,498% increase in value since last sale

Current estimated payment $316/month

171 Days on Market

About This Home

As of March 2013

2 BR, 1 BA, MF laundry. NEWER'S include: kitchen cabinets & floor, HW floor in DR, LR carpet, windows, entry doors, roof, and vinyl siding. Remodeling partially done, needs finishing. NO FURNACE OR WATER HEATER. Only way to basement is thru outside entry. Property being sold "As Is."

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 4,051

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Freeport 145 Elementary And Middle School
  • Freeport 145 High School

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Road Frontage: City/Town
  • Electric: Fuses
  • Appliances That Stay or Are Included: Refrigerator
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 841
  • Front: 50
  • General Features: Laundry 1st Floor, Porch Covered
  • Rear: 50
  • Side 1: 81
  • Side 2: 81
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: F_514
  • Elementary School: Freeport 145
  • Estimated Total Finished Sq Ft: 1321
  • Estimated Upper Sq Ft: 480
  • Garage Type Driveway: None
  • Pertinent Facts: 2 BR, 1 BA, MF laundry. NEWER'S include: kitchen cabinets & floor, HW floor in DR, LR carpet, windows, entry doors, roof, and vinyl siding. Remodeling partially done, needs finishing. NO FURNACE OR WATER HEATER. Only way to basement is thru outside entry. Property being sold "As Is."
  • Rental License: No
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Basement Type: Full
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Dining Room: On Level: Main
  • Full Bathrooms: 1
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Total Bathrooms: 1
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Utilities

  • Sewer: City/Community
  • Water: City/Community

Schools

  • Elementary School #2: Freeport 145

Building Info

  • Year Built: 1912

Tax Info

  • Year: 2011
  • Taxes: 495

MLS Schools

  • HighSchool: Freeport 145
  • School District: Freeport 145
  • Middle School: Freeport 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2012
Closed on
Mar 1, 2013
List Price
$16,500
Sold Price
$3,500
Premium/Discount to List
-$13,000
-78.79%
Current Estimated Value
$55,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,424
Avg. Annual Appreciation
24.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $3,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $3,500 -78.8% $3 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
08/27/2012 08/27/12 For Sale $16,500 -- $12 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $272 $7,765 $310 $7,455
2023 $285 $5,687 $321 $5,366
2022 $306 $5,687 $321 $5,366
2021 $313 $4,391 $311 $4,080
2020 $311 $4,391 $311 $4,080
2019 $271 $4,053 $311 $3,742
2018 $257 $3,944 $311 $3,633
2017 $247 $3,868 $311 $3,557
2016 $250 $3,913 $311 $3,602
2015 $198 $3,541 $309 $3,232
2013 $142 $1,190 $327 $863
Source: Public Records

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 111450

NorthWest Illinois Alliance of REALTORS®

APN: 18-14-32-153-020